SEC Filing Analysis: Western Union CO (WU)

Executive Summary

• Trading Significance: Low
• Key Takeaway: Director Michael Miles received a routine scheduled grant of 33,474 Restricted Stock Units (RSUs).
• Market Impact: Neutral; standard compensation activity with negligible dilution.

Company Information

Field	Value
Company	Western Union CO
Ticker Symbol	WU
CIK	0001365135
Industry	Business Services

Insider Information

Field	Value
Name	Miles Michael
CIK	0001263765
Relationship	Director

Transaction Details

Field	Value
Form Type	4
Transaction Date	2026-03-02
Transaction Code	A (Grant)
Security Type	Common Stock
Shares Involved	33,474
Price Per Share	$0.00
Total Value	$0
Shares Owned After	209,796
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$0 (Grant)
% of Market Cap	0.00%
Shares Transacted	33,474
% of Shares Outstanding	~0.01%
Post-Transaction Ownership	209,796 shares (0.066% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: With a market cap of $3.17 billion, this equity grant is standard for a company of this size.
• Ownership Concentration: The insider holds approximately 0.066% of the company following this transaction.
• Dilution Impact: The grant represents ~0.01% of the 317.84M shares outstanding, resulting in virtually zero dilution impact for existing shareholders.
• Transaction Significance: As a compensation grant with no cash changing hands, this does not signal insider sentiment regarding stock value.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: This is a non-open market transaction representing routine director compensation (RSUs vesting in 2027).

Volume & Sentiment

• Expected Volume Impact: None.
• Sentiment Indicator: Neutral.

Additional Context

Transaction Notes

• Special Circumstances: The shares are Restricted Stock Units (RSUs) that vest in full on March 2, 2027, contingent on continued service on the board.